Latest News

July 31, 2015 – Global equity trading volumes are on the rise.The World Federation of Exchanges has published its Market Highlights Report for the first semester of 2015 and noted that value of worldwide share trading rose 36% to $59 trillion USD in the first half of 2015. Check out the breakdown in this report.

July 31, 2015 – EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, is continuing along with its integration and formed an executive management team to lead the new business. See the Who's who of new hires.

July 31, 2015 – In mid-July, Amar Kuchinad, a former Goldman Sachs Group Inc. banker turned bond entrepreneur, was sporting a thick beard. He refused to shave, he said, until his new company, Electronifie Inc., turned a profit.

July 31, 2015 – Hitesh Mittal, the head of trading at AQR Capital Management, is voluntarily taking a leave of absence amid a regulatory investigation of his former employer, Investment Technology Group Inc.

In today's Traders On the Move, Texas-based CAPIS hires a senior trader for its fixed income desk, while ex-SEC Chair Mary Shapiro has been elected to the board of the LSE. Also, Jefferies has hired a new head of electronic sales.

Liquidnet, the equity block trading pool, and IEX, the buyside sponsored ATS that wants to help the buyside avoid predatory traders and find the elusive block trade, have joined together to create a new algorithm.